Prolec GE invests an additional $85 million in support of North American Electric Grid Goals
- Prolec GE plans to double its single-phase pad-mount transformer manufacturing capacity with new facility.
- Recent Prolec GE investments in support of the company’s North American customer base exceed $145 million US.
- Today's announcement reinforces Prolec GE's commitment to being a strategic partner in the journey toward a sustainable energy future.
Monterrey, N.L., Mexico, December 13, 2023 – Global energy infrastructure leader, Prolec GE, a Prolec subsidiary of a joint venture between GE and Xignux, a Mexico-based private company, today announced additional manufacturing investments of $85 million to meet unprecedented North American demand for single-phase pad-mount transformers. Prolec GE will increase its manufacturing capacity in Monterrey by equipping a new facility capable of annually duplicating the number of transformers produced at its existing Mexico facility. The company will also take this opportunity to incorporate state-of-the-art manufacturing technology to increase productivity and improve ergonomics in key areas throughout the new plant.
“We are thrilled to be investing additional time and money to increase our manufacturing capacity in support of North America’s electrification goals. With the majority of this new capacity being allocated to U.S. utility customers, Prolec GE is proud to provide the critical equipment needed to improve grid resiliency, efficiency, and reliability,” said Prolec GE CEO, Ricardo Suarez. "This investment reinforces our commitment to being a strategic partner in the journey toward a sustainable energy future."
To capitalize on production and supply chain synergies, Prolec GE’s new facility will be located less than one mile from the company’s existing location. Construction of the new plant will begin in 2024, with project completion scheduled for June 2025.
This latest Prolec GE announcement raises the company’s investment commitment to its North American customers to more than $145 million. Earlier this year, Prolec GE publicized plans to manufacture three-phase pad-mount transformers in the U.S. for its renewable energy and industrial customers by adding a production line to the company’s 500,000 square foot facility in Shreveport, Louisiana. The site will undergo additional infrastructure upgrades to accommodate capacity increases for its traditional voltage regulator and network transformer customers. Prolec GE is also investing in power transformer process improvements to increase throughput and decrease manufacturing cycle times.
Notes to the Editor:
About GE Vernova:
GE Vernova is a planned, purpose-built global energy company that includes Power, Wind, and Electrification businesses and is supported by its accelerator businesses of Advanced Research, Consulting Services, and Financial Services. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with more than 80,000 employees across 100+ countries around the world. GE Vernova’s Grid Solutions business electrifies the world with advanced grid technologies and systems, enabling power transmission and distribution from the point of generation to point of consumption, and supporting a decarbonized and secured energy transition.
GE Vernova’s mission is embedded in its name – it retains its legacy, “GE,” as an enduring and hard-earned badge of quality and ingenuity. “Ver” / “verde” signal Earth’s verdant and lush ecosystems. “Nova,” from the Latin “novus,” nods to a new, innovative era of lower carbon energy. Supported by the Company Purpose, The Energy to Change the World, GE Vernova will help deliver a more affordable, reliable, sustainable, and secure energy future.
About Prolec GE
Prolec GE is a joint venture between Xignux and GE, internationally recognized for quality manufacturing and reliable performance for over 25 years. The company is an electric industry leader in the Americas with six manufacturing facilities strategically located in Mexico, the United States, and Brazil and an installed product base in more than 35 countries. Its broad power transformer services offering in the U.S., as well as its wide variety of high voltage transformer components, complement Prolec GE’s full line of transformer solutions for the generation, transmission, and distribution of electrical energy for utilities, co-ops, municipalities, renewable project developers and original equipment manufacturers.
As a leading supplier in the industry, Prolec GE embraces its commitment to providing an exceptional customer experience, superior quality products, comprehensive solutions and on-time deliveries while actively developing innovative, responsible, and sustainable solutions to solve the industry’s challenges.
Xignux is a leader in the energy and food industries. Based in Monterrey, Mexico, we manage a variety of companies that energize life and society to contribute to a better world, thanks to the hard work and talent of more than 30,000 employees in Mexico, the United States, and Brazil.
In the energy industry, Viakable offers electrical conductors, and Prolec specializes in energy transformation and delivery. In the food sector, Qualtia provides a wide portfolio of cheeses, cold cuts, meats, and food service, while BYDSA produces savory snacks. Through its Social Responsibility model and the Xignux Foundation, the company also contributes to society´s sustainable development with active participation in four priority areas: energy, nutrition, education, and community development.
Xignux was founded 67 years ago and the solutions from its companies reach more than 35 countries. www.xignux.com.